News

Update On Liechtenstein Tax Agreement

The H M Revenue & Customs Liechtenstein Disclosure Facility was introduced on 1 December 2009 to allow people with unpaid tax linked to investments and assets in Liechtenstein to settle their tax liability under a special arrangement.

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Urgent Reminder If You Have Not Yet Submitted Your 2011 Tax Return

If a personal Tax Return for 2011 is submitted later than 31st January 2012, H M Revenue & Customs now has powers to charge higher penalties under Self Assessment legislation.

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New VAT Procedures From 1 April 2012

From 1 April 2012, all VAT-registered businesses must send their VAT Returns on-line and pay their VAT electronically.

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What You Can Do If Something Is Seized By HMR&C

The high level investigation and forensic team here at Cobham Murphy are seeing an increasing number of instances where HM Revenue & Customs (HMR&C) and Tax Inspectors seconded to the Serious Organised Crime Agency (SOCA), are seeking to seize goods when t

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New HMRC Powers To Prevent Non-Payment Of PAYE

At the start of the new tax year, 6th April 2012, HM Revenue & Customs (HMR&C)will have even more powers to ensure that employers pay over the Income Tax and National Insurance Contributions due to them on time every month.

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